ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 38.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 48.0% of stocks are trading above their respective 200DMAs VIX = 11.3 Short-term Trading Call: neutral Commentary The S&P 500 (SPY) is suddenly struggling at its 50-day moving average (DMA). The big reflex bounce from Tuesday, August 22nd has … Read more
AT40 = 39.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 50.4% of stocks are trading above their respective 200DMAs VIX = 12.0 Short-term Trading Call: bullish Commentary Urban Outfitters (URBN) notwithstanding with its 19.5% after hours surge, Tuesday, August 15, 2017 was a signature day for the weakness engulfing … Read more
AT40 = 63.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 60.3% of stocks are trading above their respective 200DMAs VIX = 9.6 (volatility index) Short-term Trading Call: cautiously bullish Commentary The stock market had a relatively bland day that matched a relatively bland statement on monetary policy from the … Read more
AT40 = 64.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 60.4% of stocks are trading above their respective 200DMAs VIX = 9.4 (volatility index) (2nd lowest VIX since at least 1990!) Short-term Trading Call: cautiously bullish Commentary The S&P 500 (SPY) is soaring high since its impressive breakout two … Read more
AT40 = 61.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 59.8% of stocks are trading above their respective 200DMAs VIX = 9.9 (volatility index) Short-term Trading Call: cautiously bullish Commentary The S&P 500 (SPY) closed effectively flatline with a point and a half gain. The NASDAQ returned to the … Read more